N.V. Koninklijke Porceleyne Fles (NL:PORF)
:PORF
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N.V. Koninklijke Porceleyne Fles
(PORF)
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Rating:62Neutral
Price Target:
€15.50
▲(24.00% Upside)
Action:ReiteratedDate:03/25/26
The score is held back primarily by weak and volatile cash generation and a sharp 2025 revenue decline, which reduce financial flexibility alongside meaningful leverage. This is partly offset by constructive technical momentum and an attractive valuation (low P/E and solid dividend yield).
Positive Factors
Heritage brand & diversified revenue streams
Royal Delft’s heritage positioning and hand‑painted craftsmanship support premium pricing and margins. Multiple revenue streams—retail/ecommerce, on‑site visitor experiences and commissioned/B2B work—reduce single-channel risk and create cross‑sell and experiential loyalty benefits that endure beyond short cycles.
Negative Factors
Weak and volatile cash generation
Materially negative operating cash flow and inconsistent free cash flow undermine the company’s capacity to fund operations, invest, or sustain dividends without external financing. Over multiple months this elevates refinancing and working‑capital risk, especially given the capital intensity of artisan production and visitor operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Heritage brand & diversified revenue streams
Royal Delft’s heritage positioning and hand‑painted craftsmanship support premium pricing and margins. Multiple revenue streams—retail/ecommerce, on‑site visitor experiences and commissioned/B2B work—reduce single-channel risk and create cross‑sell and experiential loyalty benefits that endure beyond short cycles.
Read all positive factors
N.V. Koninklijke Porceleyne Fles (PORF) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€15.04M
Dividend Yield4.58%
Average Volume (3M)52.00
Price to Earnings (P/E)15.6
Beta (1Y)0.02
Revenue Growth4.33%
EPS Growth355.67%
CountryNL
Employees63
SectorConsumer Goods
Sector StrengthN/A
IndustryHousehold & Personal Products
Share Statistics
EPS (TTM)0.19
Shares Outstanding1,037,063
10 Day Avg. Volume29
30 Day Avg. Volume52
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.71
Price to Sales (P/S)1.30
P/FCF Ratio-4.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
N.V. Koninklijke Porceleyne Fles Business Overview & Revenue Model
Company Description
N.V. Koninklijke Porceleyne Fles, commonly known as Royal Delft, is a renowned manufacturer of high-quality ceramic tableware and decorative items, specializing in traditional Delft Blue pottery. Established in 1653, the company is located in the ...
How the Company Makes Money
The company primarily makes money by monetizing its Royal Delft brand and Delft Blue craftsmanship through multiple revenue streams. (1) Product sales: Revenue is generated from the sale of Delft Blue ceramic items (e.g., decorative ware and relat...
N.V. Koninklijke Porceleyne Fles Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
57
Neutral
Cash Flow
38
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.54M | 8.72M | 8.40M | 7.10M | 4.94M |
| Gross Profit | 2.60M | 7.54M | 7.22M | 6.18M | 4.18M |
| EBITDA | 1.28M | 1.42M | 1.45M | 1.79M | 1.48M |
| Net Income | 626.00K | -57.00K | 147.00K | 508.00K | 535.00K |
Balance Sheet | |||||
| Total Assets | 37.63M | 37.23M | 37.31M | 37.40M | 35.07M |
| Cash, Cash Equivalents and Short-Term Investments | 895.00K | 1.49M | 103.00K | 1.26M | 4.03M |
| Total Debt | 16.11M | 16.78M | 16.20M | 17.30M | 15.88M |
| Total Liabilities | 19.36M | 19.60M | 19.62M | 19.88M | 18.11M |
| Stockholders Equity | 17.45M | 16.86M | 16.96M | 16.82M | 16.31M |
Cash Flow | |||||
| Free Cash Flow | -2.75M | 745.00K | 2.17M | -898.00K | 694.00K |
| Operating Cash Flow | -2.10M | 1.63M | 2.58M | 1.78M | 1.50M |
| Investing Cash Flow | 2.38M | -685.00K | -2.44M | -5.88M | -2.70M |
| Financing Cash Flow | -871.00K | 435.00K | -1.30M | 1.34M | 1.44M |
N.V. Koninklijke Porceleyne Fles Technical Analysis
Positive
12.50
Price Trends
13.82
Positive
12.84
Positive
12.29
Positive
Market Momentum
0.15
Positive
68.60
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:PORF, the sentiment is Positive. The current price of 12.5 is below the 20-day moving average (MA) of 14.46, below the 50-day MA of 13.82, and above the 200-day MA of 12.29, indicating a bullish trend. The MACD of 0.15 indicates Positive momentum. The RSI at 68.60 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:PORF.
N.V. Koninklijke Porceleyne Fles Peers Comparison
UnderperformOutperform
Sector (57)
NL:PORF
N.V. Koninklijke Porceleyne Fles
14.50
3.84
36.02%
NL:BEVER
N.V. Bever Holding
2.50
-0.20
-7.41%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.